Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia. He runs training, analysis and resource workshops for retail and professional financial market traders involved in stocks, CFDs, warrants, derivatives, futures and commodities in China, Malaysia, Singapore and Australia. He has his own trading company, guppytraders.com.
A basic knowledge of technical analysis and charting is essential for trading success, particularly in these market conditions as indexes show signs of weakness. Read More
The chart of the Visa stock price points the way to the future intentions of the U.S. consumer and they are bullish. This suggests that the Dow will recover momentum. Read More
The two notch debt credit trading downgrade for Spain by S&P, confirmation of continued European growth problems and poor job numbers in the U.S. have not been enough to create a downtrend in the oil price. Chart analysis shows $125 as the next target. Read More
There are bullish factors for gold like a weakening dollar and U.S. stocks, but there are also important resistance features limiting the upside to $1,800/oz. Read More
The euro has the potential to fall much lower against the dollar, but investors will be looking for solid support at $1.24, according to chart analysis. Read More
The Australian stock market has been trapped in an investment-numbing sideways trend for the past six months. But chart pattern anaysis shows that a breakout for the S&P ASX 200 is imminent, with the next target at 4,700. Read More